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Nexg Bhd (XKLS:5216) Interest Expense : RM-2.7 Mil (TTM As of Dec. 2024)


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What is Nexg Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nexg Bhd's interest expense for the three months ended in Dec. 2024 was RM -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-2.7 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Nexg Bhd's Operating Income for the three months ended in Dec. 2024 was RM 35.8 Mil. Nexg Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -0.5 Mil. Nexg Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 74.80. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nexg Bhd Interest Expense Historical Data

The historical data trend for Nexg Bhd's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nexg Bhd Interest Expense Chart

Nexg Bhd Annual Data
Trend Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.29 -3.06 -1.46 -1.66 -3.22

Nexg Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.85 -0.82 -0.76 -0.64 -0.48

Nexg Bhd Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-2.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nexg Bhd  (XKLS:5216) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nexg Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.5 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM35.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM11.8 Mil.

Nexg Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*35.828/-0.479
=74.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nexg Bhd has enough cash to cover all of its debt. Its financial situation is stable.

Nexg Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nexg Bhd (XKLS:5216) » Definitions » Interest Expense
Comparable Companies
XKLS:5161 XKLS:0008 ANET DELL SHSE:688041 SZSE:002415 TSE:7751 TPE:2382 HPQ SMCI NTAP STX PSTG WDC HKSE:00992 TPE:2357 SHSE:603019 XSWX:LOGN TPE:6669 SZSE:000977
Traded in Other Exchanges
N/A
Address
Bangunan Setia 1, Level 6, No. 15, Damansara Heights, Lorong Dungun, Kuala Lumpur, MYS, 50490
Website
https://www.datasonic.com.my
Nexg Bhd formerly Datasonic Group Bhd functions in the computer technology field. The company's segments include Customised smart card solutions (CSCS), Manufacturing (MA), and Investment Holding (IH). The CSCS segment is engaged in the provision of large-scale customized software and hardware systems for secure identification (ID), total smart card solutions, and information and communications technology (ICT) project management. The MA segment is engaged in the manufacturing of cards and booklets. The IH segment is engaged in investment holding and the provision of management services to the group of companies. The company derives maximum revenue from the CSCS segment.

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